The compensation and human-resources committee of Qwest’s board of directors has approved an incentive plan for management and senior executives, according to a regulatory filing today.

Like last year, bonuses for 2010 will be based on “target percentages” and the financial performance of the company, business unit and individual employee.

Qwest chief executive Ed Mueller’s target percentage remains at 200 percent. He was paid a bonus of $2.25 million in 2009 for 2008’s performance, based on a corporate performance percentage of 88.3 percent and individual performance percentage of 106 percent. The corporate and individual percentages are factored on a scale of 0 to 150 percent. (By the way, that’s former Qwest CEO Dick Notebaert Read more…

Andy Vuong joined The Denver Post as a business reporter in 2000 after graduating from the University of Colorado at Boulder with a news-editorial degree. His primary beats are gambling, telecommunications and technology. Over the years, his coverage has included everything from aviation to federal courts.